Post
Topic
Board Speculation
Re: Will it happen again?
by
wuvdoll
on 19/04/2018, 06:47:18 UTC
if you look at the price development chart of the last two years, the beginning of the year always starts with a weakening price as if bitcoin will be destroyed, what I question is whether the pattern will return and continue to recur in the current year and the next few years?
There's a possibility that bitcoin price will go up high by the end of the year, just like what happened last year, but don't expect the price of the last ATH's last year because I think it is too far from possibility. Yes, we can still consider it but expecting too much can hurt you.
Everything is always going to be under probability. Yeah, we can switch back to an uptrend before the end of the year, but the truth is how far we are going to go is one thing only time can tell. We have had a huge bear year at the starting of the year and the after effect is not something we should just expect some sudden recovery in price.

Nevertheless, we are in a market where surprises can happen but I personally would not be expecting so much, but whatever comes is good enough for me either bull or bear scenario.